{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-016732","form_type":"8-K","ticker":"SFNC","cik":"0000090498","company_name":"SIMMONS FIRST NATIONAL CORP","filed_at":"2024-01-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.234434+00:00","generated_at":"2026-06-06T17:08:48.490422+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Simmons First National enters new compensatory agreements with CFO; awards discretionary cash incentives for 2023","bullets":["CFO C. Daniel Hobbs receives new indemnification, change-in-control severance (2x salary+ avg bonus), and deferred comp (30% of avg 5-yr salary for 180 months) agreements.","2023 cash incentive awards paid at 35% of target: CEO Fehlman $262,500; President Brogdon $192,500; CAO Massanelli $63,350.","Threshold performance metrics for adjusted pre-provision net revenue and efficiency ratio were not met; committee exercised discretion based on individual performance and retention considerations.","Change-in-control severance agreement has three-year term with automatic renewal; deferred comp vests at age 60 with earlier vesting on death, disability, or change in control."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-016732","json":"https://secwatch.observer/filing/0001193125-24-016732.json","markdown":"https://secwatch.observer/filing/0001193125-24-016732.md","text":"https://secwatch.observer/filing/0001193125-24-016732.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/90498/000119312524016732/0001193125-24-016732-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/90498/000119312524016732/d705339d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T17:08:48.490422+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}